bullish

Alteogen Inc

Alteogen (196170 KS): Transitioning Toward Becoming Commercial Stage Biotech Company

478 Views11 Jul 2024 21:24
​Alteogen received approval for first product, Tergase in Korea. It will be a safer alternative to existing animal-derived hyaluronidase products. Eylea biosimilar approval in Europe expected in 2025.
What is covered in the Full Insight:
  • Company Overview
  • Tergase Approval and Market Potential
  • ALT-L9 Biosimilar Development
  • Financial Performance
  • Stock Market Performance and Outlook
Boomeranged on Tue, 30 Jul 2024 14:10
Alteogen entered into a new hyaluronidase co-development and license agreement with Sandoz. Sandoz will utilize Alteogen’s biobetter platforms for its biosimilar development. Sandoz has one of the largest pipelines in the industry with over 20 biosimilars. Alteogen expects to receive the first milestone payment within January 2025. The company is also eligible to receive a percentage of sales.
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